Investing in financial products involves risk to your capital.

Close Navigation
Learn more about IBKR accounts

Long Strangle (Long Combination)

Trading Term

An option strategy which involves buying an out-of-the-money call option and an out-of-the-money put option with the same expiration date. The investor is looking for a sharp move in the underlying stock, either up or down, during the life of the options.

This website uses cookies to collect usage information in order to offer a better browsing experience. By browsing this site or by clicking on the "ACCEPT COOKIES" button you accept our Cookie Policy.